tl;dr
Jared Grey, managing director of Sushi Labs, outlines SushiSwap's future plans on the social media platform X. The decentralized autonomous organization (DAO) has passed a governance overhaul, aiming to launch new Sushi products in 2025. These include Wara on Solana, Susa on-chain order book perps D...
SushiSwap's managing director, Jared Grey, recently outlined the comprehensive governance overhaul and upcoming product releases for 2025. This includes a new trading experience on Solana, a perpetual DEX called Susa, and an LVR AMM solution known as Blade. The SUSHI token is currently trading at $2.34, experiencing a 2% decrease in the past 24 hours, yet showing a 68% increase in the past week and a remarkable 207% increase in the past month. Despite these gains, it remains about 90% down from its all-time high of $23.38 set in March 2021.
Susa, the new perpetual DEX, is set to launch on the layer-1 N1 chain, aiming to provide optimal performance for on-chain order books. Jared Grey emphasized that the governance overhaul, passed by the decentralized autonomous organization (DAO), will leverage a multi-token ecosystem mandate to introduce new Sushi products, including Wara on Solana, Susa on-chain order book perps DEX, Kubo for new markets, Blade LVR AMM solution, and scaling the SushiSwap Aggregator.
Grey noted the significance of the layer-1 N1 chain, describing it as "the most performant network for on-chain order books." Despite the recent trading price of SUSHI at $2.34, it is evident that the asset has seen remarkable fluctuations, presenting both challenges and opportunities for investors.